Common use of Conditions of Borrowings Clause in Contracts

Conditions of Borrowings. Borrowings will only be made so long as Borrowers are in full compliance with each of the requirements and conditions precedent set forth in Article III B of this Credit Agreement. Provided, however, Lender may advance Borrowings notwithstanding the existence of less than full compliance with the requirements of Article III B and Borrowings so made shall be deemed to have been made under the Credit Facility.

Appears in 1 contract

Sources: Credit Agreement (Shuffle Master Inc)

Conditions of Borrowings. Borrowings will only be made so long as Borrowers are Borrower is in full compliance with each of the requirements and conditions precedent set forth in Article III B of this Credit Agreement, other than Borrowings made at the request of Agent Bank for the purpose of funding repayment of L/C Reimbursement Obligations as hereinafter provided. Provided, however, Lender may upon the consent of Requisite Lenders, Lenders shall advance Borrowings notwithstanding the existence of less than full compliance with the requirements of Article III B and Borrowings so made shall be deemed to have been made under the pursuant to this Credit FacilityAgreement.

Appears in 1 contract

Sources: Credit Agreement (Century Casinos Inc /Co/)

Conditions of Borrowings. Borrowings will only be made so long as Borrowers are Borrower is in full compliance with each of the requirements and conditions precedent set forth in Article III B of this Credit Agreement. Provided, however, Lender may advance Borrowings notwithstanding the existence of less than full compliance with the requirements of Article III B and Borrowings so made shall be deemed to have been made under the Credit Facility.

Appears in 1 contract

Sources: Credit Agreement (Herbst Gaming Inc)

Conditions of Borrowings. During the Revolving Credit Period, Borrowings will only be made so long as Borrowers are in full compliance with each of the requirements and conditions precedent set forth in Article III B of this Credit Agreement. Provided, however, Lender may upon the consent of the Requisite Lenders, Lenders shall advance Borrowings notwithstanding the existence of less than full compliance with the requirements of Article III B and Borrowings so made shall be deemed to have been made under the pursuant to this Credit FacilityAgreement.

Appears in 1 contract

Sources: Credit Agreement (Century Casinos Inc)